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Caitong Securities sees growing net profits amid gloomy stock markets
China's Caitong Securities reported 66.65 million yuan in net profits in December on Tuesday, up 141.25% from the previous month.
China to keep reasonable liquidity level, increase support for real economy
China will keep liquidity at a reasonable level and use targeted measures to support the real economy, the country's central bank governor has said.
Bank of Canada keeps interest rate unchanged
The Bank of Canada kept its interest rate unchanged at 1.75% Wednesday as the sharp decline in oil prices temporarily dims Canada's economic outlook.
U.S. auto, home equity loan delinquencies rise: report
Consumer delinquencies rose in the third quarter of 2018, primarily driven by the increases in auto and home equity loan delinquencies.
Investor Interest in Chinese Tech Begins 2019 Not With a Bang but a Whimper
The flood of money rushing into Chinese internet startups has slowed, dashing hopes of quick windfalls for many investors.
China greenlights two leading banks to open wealth management units
Agricultural Bank of China and Bank of Communications Friday got the approval from the CBIRC for seting up its wealth management units.
Premier Li urges financial sector to better serve real economy
Li Keqiang urged financial institutions to better serve the real economy and take effective measures to address financing barriers facing enterprises.
China's central bank vows more support for private enterprises
China's central bank will further encourage financial institutions to support private enterprises, especially small and micro-sized firms in 2019.
China to cut reserve requirement ratio by 1 percentage point
The People's Bank of China (PBOC) decided Friday to cut the reserve requirement ratio (RRR) for RMB deposits by 1 percentage point.
China's central bank adjusts targeted RRR policies to support small firms
PBOC decided to ease evaluation rules for qualifying financial institutions to enjoy lower RRR in a move to encourage inclusive financing.
Yearender: China makes solid progress in curbing financial risks
As 2018 comes to an end, the People's Bank of China (PBOC), the central bank, published a report on China's financial stability.
Eastern Chinese province delivers 10 billion parcels in 2018
Eastern China's Zhejiang Province, home to Internet giant Alibaba and several large courier companies, shipped over 10 billion parcels in 2018.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
